4387, having touched a 15 month high of $1

canada goose SINGAPORE, April buy canada goose jacket 8 (Reuters) The yen hit an 11 month low against the canadian goose jacket euro and neared a six month trough versus the dollar on Friday and was seen poised for more weakness due to widening yield differentials and concerns Japan exports may drop after last month earthquake. canada goose

The euro climbed against the yen and touched a 15 Canada Goose online month peak Canada Goose Outlet against the dollar, supported by market expectations that the European Central Bank canada goose uk black friday will uk canada https://www.canadagooseoutlet4sale.com goose raise interest rates further in coming months after a rate rise on Thursday.

canada goose clearance sale Other than its rise against the yen, the dollar came under broad selling pressure, canada goose coats on sale sliding to Canada Goose Jackets a fresh 29 year low against the Australian dollar, a record canada goose store trough versus the Singapore dollar, and a 16 month low against a basket of currencies. canada goose clearance sale

dollar and yen are coming under pressure as investors are more comfortable with risk, said Christopher Gothard, head of FX canada goose black friday sale for Brown Brothers Harriman in Hong Kong.

buy canada goose jacket are good signs about the strength of the global recovery despite events in Japan, and for the moment that is boosting confidence and boosting risk assets, Gothard added. buy canada goose jacket

canada goose coats The euro poked above resistance near 122 yen on the weekly Ichimoku chart, a Canada Goose Online form of Japanese technical analysis widely used by market players. A buy signal would be confirmed it the euro finishes the day above that resistance. canada goose coats

canada goose clearance The euro rose 0.6 percent to $1.4387, having touched a 15 month high of $1.4405 earlier in the day. The euro rise has extended following its breach this week of resistance near $1.4283, its November high and roughly where it faced uk canada goose outlet trendline resistance drawn from its July 2008 record high. canada goose clearance

Canada Goose sale The yen has slid broadly over the past couple of weeks, having sharply reversed course after surging to a post World War Two record high of 76.25 to the dollar on March 17. Canada Goose sale

That rise in the yen prompted the G7 to intervene jointly to sell the yen cheap Canada goose outlet Goose and led to the yen subsequent fall. That shifted investors focus to interest rate differentials and the appeal of carry trades a tactic of canada goose clearance sale selling low yielding currencies to fund investment in currencies with higher yields.

Canada Goose Parka There was some talk earlier on Friday of yen selling against the euro by Japanese brokerages, although others said the move was fuelled by overseas players with stop loss of the euro having added fuel to its rise against the yen. Canada Goose Parka

cheap Canada Goose Market players said the yen looked set to weaken further on the back of interest rate differentials, and concerns about the economic impact from a massive earthquake and tsunami that struck Japan northeast on March 11. cheap Canada Goose

canadian goose jacket looks like the yen will weaken across the board, said Satoshi Okagawa, head of FX and money trading group for Sumitomo Mitsui Banking Corporation cheap canada goose uk in Singapore. canadian goose jacket

Canada Goose Jackets is impossible to imagine at this point just how much Japan production and exports may fall, but the image is Canada Goose Parka that this is canada goose factory sale not the type of market condition that calls for buying the yen, Okagawa said. Canada Goose Jackets

canada goose coats on sale Japan demand for overseas goods and resources may increase due to rebuilding efforts. canada goose uk outlet Exports are seen buy canada goose jacket cheap likely to decline after factories and infrastructure were damaged by the March 11 diaster a factor that could temper currency hedging by Japanese exporters and lessen their yen buying. canada goose coats on sale

canada goose store Sumitomo Mitsui Banking Corporation Okagawa said there have been some strong flows recently in Asian currencies against the yen such as buying of the South Korean won against the yen. canada goose store

has the lowest interest rates, and canada goose there is the also the advantage of being able to capitalise on differences in economic growth between Asian economies and Japan, he said.

Canada Goose Outlet Except for its rise against the yen, the dollar was mostly weaker, with the Australian dollar hitting a fresh 29 year high of $1.0535, and the Singapore dollar vaulting to a record high against the greenback. The dollar index fell to its lowest since December 2009 at one point. (Additional reporting by Natsuko Waki in Tokyo, Reuters FX analyst Rick Lloyd in Singapore, Ian Chua in Sydney; Editing by Kim Coghill) Canada Goose Outlet.